Composite = Value 77×.35 + Stability 80×.25 + Liquidity 55×.20 + Consistency 66×.10 + Drag 56×.10 = 70.1.
Audit trail. Median computed from 57 priced corridors across 5 distinct chart cells (a chart cell = one points price × cabin). Pricing basis: verified. Value source: v5.3 route database — premium long-haul 8.4¢ on 41 routes (weight 70%) · everyday (economy + short-haul) 2.0¢ on 16 routes (weight 30%). Surcharge drag: 6.6%.
QSuites at ~70K off-peak one-way, then onward Maldives or Africa segments at small adds — the premium-cabin workhorse of the index
4 of 6 bank currencies transfer in — Amex MR 1:1 · Capital One 1:1 · Citi TY 1:1 · Bilt 1:1
Amex 1:1 Chase 1:1 CapitalOne 1:1 Citi 1:1 Bilt 1:1
QSuites from ATL, DFW, ORD and IAH release reliably; Doha event weeks dry up completely
Peak/off-peak spread is widening; moderate carrier surcharges
Effective cost. Headline median 8.4¢. Funded on a typical 25% transfer bonus (2×/yr): 10.4¢. Citi runs 25–30% to Qatar Avios.
| Index | Rating | Score | Median (net) |
|---|---|---|---|
| Master | AA | 70.1 | 6.45¢ |
| Domestic USA | not researched | — | — |
| International | AA | 70.1 | 6.45¢ |